Odaily News Coinbase reminded some customers in an email that the company plans to stop providing trading services to Indian users on September 25, advises users to withdraw all funds in their accounts in a timely manner, and has banned Indian users from registering. Coinbase has faced regulatory challenges after first launching in the South Asian market more than a year ago. Coinbase spent 18 months relaunching services in India but failed to make any progress with local authorities, leading to the departure of at least two high-profile executives, including Durgesh Kaushik, who joined the company last year as senior director of market development. It is reported that Coinbase is an investor in India’s mainstream cryptocurrency exchanges CoinDCX and CoinSwitch Kuber. (TechCrunch)
Coinbase will cease services in India on September 25 and has banned local users from signing up
2023/09/11 12:12
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